With this IndiaFirst pension policy, you earn a fixed benefit of 9% of total premium paid as guaranteed additions for the first 2/4/6 policy years under policy conditions as well as bonuses, if any.
Also, what is guaranteed retirement plan?
IndiaFirst Guaranteed Retirement Plan is a non-linked, participating, endowment deferred Pension plan. It essentially means the policy holder will get a lump-sum as death benefit or on maturity with annual bonuses in later years.
Likewise, people ask, what are the riders available under IndiaFirst life cash back plan?
IndiaFirst Life Cash Back Plan is a non-linked, non-participating, limited premium, money–back insurance plan that offers you all the benefits of a traditional insurance plan and so much more. This plan provides periodic pay-outs and security for your family, irrespective of the difficulties of life.
Which plan is best for retirement?
Best Pension Plans in India 2021
| Pension Plans | Entry Age |
|---|---|
| HDFC Life Personal Pension Plus | 18 years -65 years |
| ICICI Pru Easy Retire Pension Scheme | 35 years – 70 years |
| ICICI Pur Easy Retirement Plan | 35 years-75 years |
| India First Annuity Plan | 40 years- 80 years |
Which pension scheme is best?
Here’s a list of the best pension plans in India you might want to go through:
- LIC Jeevan Nidhi Pension Plan.
- Max Life Forever Young Pension Plan.
- Max Life Guaranteed Lifetime Income Pension Plan.
- Reliance Immediate Annuity Pension Plan.
- Reliance Smart Pension Plan.
- SBI Life Saral Pension Plan.
What are the best retirement plans?
The 9 best retirement plans
- Defined contribution plans.
- IRA plans.
- Solo 401(k) plan.
- Traditional pensions.
- Guaranteed income annuities (GIAs)
- The Federal Thrift Savings Plan.
- Cash-balance plans.
- Cash-value life insurance plan.